Porsche raises full-year sales forecast on China

Porsche expects to increase its vehicle sales this year thanks to higher demand in China after previously forecasting flat volume. The brand's optimism comes after Beijing reduced import duties on cars to 15 percent from a previous 25 percent.

source http://europe.autonews.com/article/20180807/ANE/180809816/porsche-raises-full-year-sales-forecast-on-china